Boardwalk Empire Quotes

businessmen learned quickly that working-class tourists had money to spend, too. What they lacked in sophistication they made up for in numbers.

It seemed that Trump couldn’t spend fast enough. In 1988, he had paid $365 million to buy airplanes and routes from Eastern Airlines, which he turned into a Northeastern shuttle service. And he shelled out $407 million for the Plaza Hotel, the iconic château-style building across from Manhattan’s Central Park. In both cases, he borrowed most of the money, and analysts said he overpaid. The purchases loaded him up with debt at the same time he was ramping up his gambling empire by the boardwalk, and both moves would come to haunt him. To

To The Lost.

Their owners returned to Philadelphia each fall, leaving the resort a ghost town. Samuel Richards realized that mass-oriented facilities had to be developed before Atlantic City could become a major resort and a permanent community. From Richards’ perspective, more working-class visitors from Philadelphia were needed to spur growth. These visitors would only come if railroad fares cost less. For several years Samuel Richards tried, without success, to sell his ideas to the other shareholders of the Camden-Atlantic Railroad. He believed that greater profits could be made by reducing fares, which would increase the volume of patrons. A majority of the board of directors disagreed. Finally in 1875, Richards lost patience with his fellow directors. Together with three allies, Richards resigned from the board of directors of the Camden-Atlantic Railroad and formed a second railway company of his own. Richards’ railroad was to be an efficient and cheaper narrow gauge line. The roadbed for the narrow gauge was easier to build than that of the first railroad. It had a 3½-foot gauge instead of the standard 4 feet 8½ inches, so labor and material would cost less. The prospect of a second railroad into Atlantic City divided the town. Jonathan Pitney had died six years earlier, but his dream of an exclusive watering hole persisted. Many didn’t want to see the type of development that Samuel Richards was encouraging, nor did they want to rub elbows with the working class of Philadelphia. A heated debate raged for months. Most of the residents were content with their island remaining a sleepy little beach village and wanted nothing to do with Philadelphia’s blue-collar tourists. But their opinions were irrelevant to Samuel Richards. As he had done 24 years earlier, Richards went to the state legislature and obtained another railroad charter. The Philadelphia-Atlantic City Railway Company was chartered in March 1876. The directors of the Camden-Atlantic were bitter at the loss of their monopoly and put every possible obstacle in Richards’ path. When he began construction in April 1877—simultaneously from both ends—the Camden-Atlantic directors refused to allow the construction machinery to be transported over its tracks or its cars to be used for shipment of supplies. The Baldwin Locomotive Works was forced to send its construction engine by water, around Cape May and up the seacoast; railroad ties were brought in by ships from Baltimore. Richards permitted nothing to stand in his way. He was determined to have his train running that summer. Construction was at a fever pitch, with crews of laborers working double shifts seven days a week. Fifty-four miles of railroad were completed in just 90 days. With the exception of rail lines built during a war, there had never been a railroad constructed at such speed. The first train of the Philadelphia-Atlantic City Railway Company arrived in the resort on July 7, 1877. Prior to Richards’ railroad,

Despite today’s notions of Atlantic City as a vacation spot for the wealthy, the resort could never have survived by catering to the upper class. It was the lower-middle and lower classes that were the lifeblood of Atlantic City. They comprised the great mass of visitors to the resort and the rates of most rooms were structured for them.

Pitfall literally take you away to the places that are described in great clear detail. If you close your eyes you can see and place yourself in the scene. The description of the financial industry was accurate and well done. Right up there with Boardwalk Empire. - Brian Howard, Partner, Dorchester Wealth Management (Retired)

The Sopranos. . . The Real Housewives of New Jersey. . . Jersey Shore. . . Boardwalk Empire. . . That's the New Jersey we`ve come to know and love, where any bump in the road might just he somebody's head.” James Wolcott, “Barbarians at the Shore,” October 2010